BUZZ-Australia's Origin Energy rises, brokerages highlight upbeat outlook

Reuters
08/01
BUZZ-Australia's <a href="https://laohu8.com/S/ORG.AU">Origin Energy</a> rises, brokerages highlight upbeat outlook

** Shares of oil and gas retailer Origin Energy ORG.AX rise 1.2% to A$11.81

** Jarden upgrades rating to "Neutral" from "Underweight" and raises price target to A$11.30 from A$10.95

** Brokerage says ORG's qtrly results indicate a decline in upstream production as the Australia Pacific LNG project grapples with strategies to restore output to prior levels

** However, as Jarden's forecasts already account for increased capex and reduced production, the emphasis is on strong momentum developing in energy markets division

** UBS says ORG's "solid" quarterly results de-risk Australia Pacific LNG project production and costs into the medium term

** Stock down ~2% this week, set for its worst week since June 16

(Reporting by Kumar Tanishk in Bengaluru)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10